If the markets are efficient, the security price provides :

CS Executive · Financial and Strategic Management · PYQS · December 2020
If the markets are efficient, the security price provides :
(A) Inadequate return for taking up risk
(B) Normal return for the level of risk taken
(C) High return for the level of risk taken
(D) Both (B) and (C)

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Financial Management

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